96# MQLPRO stoc/cci/ Trading system
Submit by JanusTrader
Indicators MACD settings 2,5,3
Time frame 5 minutes
All three indicators must be sloping in same direction ,preferably at an angle of 45% , either up or down.Draw lines on the indicator and use the linear regression channels (see channels under insert) on metatrader platform
is no more than 20 pips away, and is set at previous swing low or high.Take profit is when the CCI and
stochastics reverses 90 degrees angle(from entry point)
On LONG ENTRYCCi /MACD.STOCHS must be POSITIVE figure
on SHORT ENTRYCCI/MACD/STOCHS must be negative figure
On LONG EXITSCCi /MACD.STOCHS must be negative figure
on SHORT EXITSCC1/MACD/STOCHS must be positive
MACD/volatility breakout settings should read around 70 for buy and - 70 for sell (chart
2) Do not
trade before and during news releases
If the daily average range is exceeded then do not chase the trades , as u may have missed the trend and therefore the risk reward ratio becomes unprofitable
Trading times are 8 am to 18 hours C E T
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